RE:Under 4$ today? Yup - down almost 5%...like an idiot I bought 2000 more shares at the open.....really thought the price would go up with those numbers. My guess is that the institutional folks are still not impressed with management - no interest in the conference call and from what I hear the sentiment is more along the lines of "well they are cleaning up their own mess......and they should be REWARDED for that?????........they created the bloody mess in the first place.
I suspect now, given the overall sentiment we will easily go through 4 and since oil is off too - testing the $56.00 level that if it continues to fall (and the folks south of the border are doing everything they can to drop oil prices with considerable success) we will probably test 3 and below. I think I will just stand at the back, lick my wounds and perhaps buy again in the $2 - $3 range.
Sad what a self-centered management and BoD can do to a company..it may take years for this to recover above $7.00....if ever...but we will certainly never see the $30 - $40 range.
GLTA
Rusty